Those who read the articles on this blog know that estate planning is for everyone! (If this is your first time reading this blog, read the following article and you’ll understand why: Estate Planning: Do I Need It? ) James Salter of TheStreet recently posted the following article: Why Millennials and Generation Xers Need to Worry About Estate Planning . It is certainly worth reading!
As Salter points out, one of the major misconceptions about estate planning is that it’s for the elderly and wealthy. This misconception couldn’t be farther from the truth! Everyone needs some form of estate planning. The key is to utilize the proper estate planning tools to accomplish your objectives.